Strata scheme
Proxy Votes: should you give your voting right to someone else?
Gathering proxy votes is common practice in body corporates. It’s a way for active lot owners to gain more votes for something they want done. If that “something” will benefit the scheme and all lot owners, then it makes sense. However, unfortunately sometimes proxies are used to pass motions that benefit particular lot owners and…
Read MoreStrata Title in QLD
Even though it’s practised in countries all over the world today, the concept of strata title as a property ownership structure started right here in Australia back in 1961. A novel concept at the time, the strata title was different to the traditional Torrens Title model, where the purchase of a freestanding home or piece…
Read More6 Ways to Save Money on Your Strata Insurance
6 key points to assist you and your Body Corporate to get the best possible terms out of your insurer. Make sure the grass is always greener A key thing that potential Insurers look for is properties that are maintained regularly. A well maintained building is likely to have less claims, therefore the Body Corporate…
Read MorePets in Body Corporates
Pets have always been, and probably always will be a hot topic in body corporate schemes. Some body corporate schemes adopted by-laws that state all animals are banned from the scheme, only to have lot owners challenging the validity of the by-laws down the track. So, what is a reasonable response to handling the issue…
Read More8 Reasons Why Appointing a Good Body Corporate Manager Pays Off
Owners in body corporate schemes may question the need for a professional Body Corporate Manager to look after their complex. ‘Why not self manage?’ lot owners often ask. While this may sound like a good idea to some, there are many reasons why it is a better idea to appoint a good body corporate/strata manager.…
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